Credit Card Fraud - Is Bitcoin a Currency?

Bitcoin can be used as a transaction system without being used as a currency. The main fee that you would pay for the transaction use case today is the fee to exchange Bitcoin and dollars back and forth. In the long run, there will be very small transaction fees associated with that kind of thing. As a merchant, one of the things you'll be able to do is hold Bitcoin and then buy a derivative that protects you against currency fluctuations.